Author Topic: It’s a 100% flip: Reuters suddenly admits Net Zero policies have been a resounding failure  (Read 182 times)

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Offline rangerrebew

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It’s a 100% flip: Reuters suddenly admits Net Zero policies have been a resounding failure
Green fantasy Bubble Popped

By Jo Nova

Wow. Just Wow. Trump gets elected and Reuters realizes renewable energy is unrealistic
In a rush, at least one opinion writer at Reuters is suddenly saying all the things skeptics have been saying for years: all the things Reuters has hidden from the world about renewable energy.

It is hard to believe, but it’s all there… the naked utter failure of solar and wind to reduce CO2, to reduce oil and gas, and to reduce prices. Edward Chancellor calls it a “resounding failure”. He has the devastating figures, and even the graph showing how countries with more renewables have more expensive electricity. He has another graph of the share market failure of renewables compared to the fossil fuel success, and he uses the words “tumbled” and “soared”.  To grind it home,  he explains how we just export our manufacturing to China which uses coal (is this news?). He calls Net Zero an “illusion” where we think we lower our emissions but we actually raise them overseas.

There is carnage among the sacred cows…

Climate policy requires a more realistic approach
By Edward Chancellor, Reuters

LONDON, Feb 27 (Reuters Breakingviews) – The pursuit of net zero carbon emissions has been a resounding failure. Despite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80% of the world’s primary energy and a similar share of recent increases in energy consumption, according to The Energy Institute. Coal, oil and natural gas production are at record highs. Emissions of greenhouse gases continue to rise inexorably. The financial markets were already losing confidence in the energy transition before Donald Trump returned to the White House. A more realistic approach to climate policy is urgently needed.

https://joannenova.com.au/2025/03/its-a-100-flip-reuters-suddenly-is-skeptical-on-climate-policy/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address